Rarely does such a high quality investment property with a HMO licence and C4 permission for 6 people until 2023 present itself on the open market, the property has been extremely well maintained and upgraded. Read more
Rarely does such a high quality investment property with a HMO licence and C4 permission for 6 people until 2023 present itself on the open market, the property has been extremely well maintained and upgraded. A traditional property which boasts five double bedrooms let on an annual tenancy with a current income of £19,000 per annum. The property has uPVC double glazing throughout, a modern Worcester Bosch gas central heating boiler, two contemporary bathrooms/shower rooms and a modern fitted kitchen. The property also has a low maintenance enclosed front and rear garden and a single brick built garage. At the current asking price the property represents an impressive return of 8.6%.
Entrance Hall With access via a uPVC glazed door to the front elevation into an entrance hall with stairs rising to the first floor landing, uPVC window to the side elevation, radiator and recently fitted carpet, door off to:
Lounge12' x 13' (3.66m x 3.96m). Having a uPVC window to the rear, central heating radiator, television point and carpet. Door opening through to:
Fitted Kitchen17'11" (5.46m) maximum 12'8" (3.86m) minimum x 8'10" (2.7m). A high quality and modern kitchen fitted with a range of cream shaker style wall and base units with wood effect laminate worktops, inset is a stainless steel sink and drainer unit, freestanding appliances which are to remain with the property and included is a Smeg double oven with gas hob over, double electric oven with gas hob over, a Smeg fridge/freezer and Bosch washing machine. There is neutral tiling to the walls and floor and the kitchen also houses the high quality and recently replaced Worcester Bosch gas central heating boiler. There is a uPVC glazed window to the side elevation, half glazed uPVC door leading out into the rear garden and further door off to:
Shower Room5'4" x 3'3" (1.63m x 1m). Fitted with a white three piece suite comprising a shower, a wall mounted wash hand basin and toilet, neutral tiling to the walls and floor with an obscure to the rear and central heating radiator.
Bedroom One14'1" (4.30m) into bay x 12'9" (3.88m). A sizeable bedroom with large walk-in bay window to the front elevation with high ceilings and coving, central heating radiator.
First Floor Landing Having a uPVC glazed window to the side elevation and doors off to:
Bathroom6'7" x 6'1" (2m x 1.85m). Fitted with a three piece white contemporary suite comprising and panelled bath with shower over, wash hand basin and toilet, built-in airing cupboard, neutral tiling to the walls with complementing vinyl floor, obscure glazed window to the side elevation.
Bedroom Two12' x 9' (3.66m x 2.74m). This double bedroom has a uPVC glazed window to the rear elevation, central heating radiator and built-in cupboard.
Bedroom Three9' x 11'2" (2.74m x 3.4m). This double bedroom also has a uPVC window overlooking the rear, there is a central heating radiator.
Bedroom Four11'11" x 8'8" (3.63m x 2.64m). A fourth spacious double bedroom having a uPVC glazed window to the front elevation, original painted open fireplace and central heating radiator.
Bedroom Five15'9" (4.79m) maximum 7'5" (2.25m) minimum x 8'7" (2.61m). This fifth room also accommodates a double bed and has a uPVC glazed window to both the front and side elevation with central heating radiator and a handy alcove which accommodates a wardrobe or chest of drawers.
Outside to the Front The property occupies a corner position and has a small enclosed front garden with a brick wall to the side elevations and established hedgerow to the front elevation with wrought iron gate and pathway leading to the front canopy porch. There is also gated access along the left hand side of the property into the rear garden and furthermore direct access into the brick garage.
Outside to the Rear The property has a low maintenance and fully enclosed rear garden with painted walls to the boundaries and a mixture of paving providing space for outdoor seating and raised flower beds, access through to the garage. The garage has an up and over door to the front elevation, uPVC glazed window to the side and personal door with access between the garage and the garden. There is also a covered area adjacent to the kitchen window ideal for outdoor clothes drying or covered storage.
HMO This property has been granted a Housing Multiple Occupation (HMO) Property Licence under Section 4 of the Housing Act 2004 for up to 6 tenants. The licence was granted on 4 December 2018 for a period of 5 years running to 13 December 2023. The current income for the property is £19,000 per annum, this is inclusive of Council Tax and utility bills and is currently rented to five post graduate/professionals.